Dave Caputo is a remarkable serial entrepreneur. He co-founded Pixstream, a successful company which was acquired by Cisco in 2000 for $369 million. Pixstream was spun out from and financed by Newbridge Networks (Alcatel). It developed video-over-DSL products.

In 2001, Dave Caputo and his team launched Sandvine. Sandvine, based in Ontario, Canada developed a unique product to help service providers understand the nature of the traffic flowing through their networks (e.g. photos, e-mail, VoIP, video sharing, online gaming) and set policies that prioritize traffic, eliminate bottlenecks, improve customer satisfaction, and grow revenues.
By the end of 2004, the Company had just completed its third year in operation and recorded revenues of $2.5 million. To spur growth, Dave approached Ken Wigglesworth seeking financing, encouraged by his previous experience with Ken when he was the CFO at Newbridge Networks.

In April 2005, Ken led a $15 million financing to assist the Company in designing a strategy to aggressively expand its product suite and grow marketing and sales worldwide. The strategy focused on partnerships and distribution. Sandvine partnered with leading industry organizations to help provide their solutions to residential broadband service providers around the globe. The Company also secured general global distribution agreements with Alcatel, the leading vendor in the DSL access market, and with Motorola, the second-leading vendor in the cable modem market space, providing access to a global sales force as well as a powerful end-to-end solution for Tier 1 Service Providers. The strategy and execution worked well. By 2006 Sandvine's customer base grew to over 60 customers and its products were operational in networks across 29 different countries.

With revenues growing at triple digit rate year-over-year, the Company was well positioned for its next big thing. Ken worked closely with Dave Caputo and the Sandvine team to formulate a strategy for an attractive exit via an IPO on the Alternative Investment Market (AIM) of the London Stock Exchange at a pre-money valuation of $127 million. One year later, Sandvine completed yet another listing on the Toronto Stock Exchange in October 2006 at a pre-money value of approximately $240 million.